Trigon Metals Inc. announces the resignation of Dr. David Shaw from the Company's Board of Directors, effective immediately. Dr. Shaw has faithfully served on the Board of Directors since 2019. The Company wishes to thank him for his contributions and dedicated service to Trigon over the past five years, and wish him much success in his future endeavors. Jed Richardson, CEO and Executive Chairman of Trigon, commented, "We [...]
Trigon Metals Inc. is pleased to announce the results of drilling from recent underground drilling at Shaft 1 at levels 3 and 5 at the Kombat mine. These holes were intended as confirmation but have significantly increased the grade and extended the known mineralization in the zone . The holes targeted orebodies adjacent to historic workings and close to existing development thus allowing for near-term mining as Trigon [...]
Trigon Metals Inc. announces that it has reached a key milestone, having mined an average of 980 tonnes of ore a day from its underground operations over a 30 day period and that it will pause its open pit operations at the end of September 2024 at the Company's Kombat mine in Namibia. Trigon has achieved a key milestone as required pursuant to the terms of the streaming agreement with Sprott Private Resource Streaming [...]
Trigon Metals Inc. is pleased to announce the results of drilling from the new zone identified in the vicinity of Shaft #3 of the Kombat mine. These areas are outside the proven and probable mine reserves published in March 2024. Mineralization in these areas was initially detected in surface drilling in 2023 and some historic drill work dating back to when Goldfields operated the mine. The holes classified as follow-up [...]
Trigon Metals Inc. is pleased to announce its operating and financial results for the three months ended June 30, 2024. Shareholders and interested parties are invited to join a conference call hosted by Trigon management, tomorrow, Thursday, August 22, 2024, at 11:00 a.m. Eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. All amounts are expressed in U.S [...]
Trigon Metals Inc. Trigon is pleased to report as of July 29, 2024, the Company has filed its financial statements for the year ended March 31, 2024 and details below the operational milestones for the quarter ending March 31, 2024. Trigon reports a profit from continuing operations of USD $13,439,695 for the three months ended March 31, 2024 and a net loss of $1,474,523 for the twelve months ending March 31, 2024 [...]
Trigon Metals Inc. has executed its plans to address a temporary setback in its underground pumping progress by replacing the failed dewatering pump at the Company's Kombat mine in Namibia. Please refer to news release dated July 18, 2024 "Trigon Metals Stabilizes Water Levels and Maintains Uninterrupted Production from Underground at Kombat Mine, Namibia". The replacement pump body was installed on July 26, 2024 and [...]
Trigon Metals Inc. is pleased to announce the appointment of Tom Panoulias as Vice President, Corporate Development, effective August 1, 2024. Tom Panoulias is a widely respected global mining executive with more than 15 years' experience as a capital markets professional. He has previously worked at Echelon Wealth Partners, Fraser Mackenzie Merchant Capital, and Dundee Capital Markets, raising over one billion dollars [...]
Trigon Metals Inc. is pleased to announce that it has secured a USD$2.5 million advance from its offtaker, IXM S.A., to be utilized for working capital for the Company's Kombat mine in Namibia. The advance payment will be drawn in two tranches of USD$1.25 million each, the first tranche having already been drawn and the second tranche to be drawn between August 19 and August 30, 2024. Interest will accrue and be paid [...]
Trigon Metals Inc. has executed a plan to address a temporary setback in underground pumping progress due to the failure of one of its two main dewatering pumps on the evening of June 14, 2024 at the Company's Kombat mine in Namibia. The mine had been dewatered down to 331 metres from the shaft collar at the time of the pump failure and the water has since risen to 227 metres below surface and has remained at that level [...]
Trigon Metals[/wp] is pleased to announce highlights of its May 2024 underground production at Kombat and provides production guidance for the remainder of its 2025 financial year. May 2024 Production Update At the Kombat mine, May 2024 was marked by several record-breaking underground mining days, leading to a production average of 12.1 tonnes of copper per day. Underground ore mined for the month totalled 19,664 tonnes at an [...]
Trigon Metals Inc. announces that it will consolidate its common shares on the basis of one new Common Share for every existing five Common Shares outstanding effective on or about June 4, 2024. The Company also has engaged ICP Securities Inc. to provide automated market-making services as of May 27, 2024. Trigon currently has 217,873,600 Common Shares issued and outstanding and, following the Consolidation, will have [...]
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